Here we bring you an amazing extension of the F1 Championship 2018, that you will love.
Formula1 (F1) is the highest class of single-seater auto racing sanctioned by the Fédération Internationale de l’Automobile (FIA) and owned by the Formula One Group. The FIA Formula One World Championship has been one of the premier forms of racing around the world since its inaugural season in 1950. The “formula” in the name refers to the set of rules to which all participants’ cars must conform. A Formula One season consists of a series of races, known as Grands Prix (French for “grand prizes” or “great prizes”), which are held worldwide on purpose-built circuits and public roads.
The results of each race are evaluated using a points system to determine two annual World Championships: one for drivers, the other for constructors. Drivers must hold valid Super Licences, the highest class of racing licence issued by the FIA.
Formula1 cars are the fastest regulated road course racing cars in the world, owing to very high cornering speeds achieved through the generation of large amounts of aerodynamic downforce.
While Europe is the sport’s traditional base, the championship is truly global, with 11 of the 21 races in the 2018 season taking place outside Europe. With the annual cost of running a mid-tier team—designing, building and maintaining cars, pay, transport—being US$120 million, Formula1 has a significant economic and job-creation effect, and its financial and political battles are widely reported. Its high profile and popularity have created a major merchandising environment, which has resulted in large investments from sponsors and budgets (in the hundreds of millions for the constructors).
On 8 September 2016, it was announced that Liberty Media had agreed to buy Delta Topco, the company that controls Formula1, from private equity firm CVC Capital Partners for $4.4 billion in cash, stock, and convertible debt. On 23 January 2017, it was confirmed that the acquisition had been completed, for $8 billion.
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